The Business Times, 21 April 1999

Microfilm: NL21483
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/98 SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, APRIL 21, 1999
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  • Article
    MARKET SUMMARY
    60 1 Dsn MBMB (-32.83) □BT-SRI ***** (-21.67) □shesci rvnjiEs •3*lo (-7.40) UJURKCTMOOD: STOCK HABKET INDICES Tuesday Change KLSECOMP ***** *11 NIKKEI *****-11 +2U HANG SENG 12,409.78 466.66 SET INDEX 406.11 -6.08 JAKARTA OOMP ***** -22.18 MANILA COMP __2Jtt&« +2J7 TAIFQfcPI 7,627.74 +4.66 SfiOUlfeOMP 770.49 +184 OSA CHINA B 660JO
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  • Article
    FINANCE
    77 1 FOBIXIATES USI 8$ U5$ L710 £(USS/SS per 1.61ft 1783 EUROfUSS/SSperE) 1.066 1.822 DM L8M 9.932 YEN ll&l L449* RM 1809 0.460 HKS 7.748 0J21 BAHT J7.J4 0.946 BUPIAH 8,648 0.920* st torn umts NUMERATES SINGAPORE* im KUALA LUMPUR Hi® JAKARTA 2800 BANGKOK 1175 MANILA nM HONGKONG 10.26 TAIPEI 8.80
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  • Article
    Surge in S'pore housing loan demand since Jan
    391 1  -  OCBC says its loan applications running into the hundreds a month By\ Siow Li Sen [SINGAPORE] In yet another sign that the residential property market has rebounded, bankers say housing loan demand has been surging since January. Andrew Liew, OCBC Bank's head
    391 words
  • Article
    S'pore brokers upbeat as stocks take a breather
    594 1  -  By R Sivanithy [SINGAPORE] Wall Street's sharp reversal after a strong opening on Monday gave investors in regional stocks the perfect excuse to take profit yesterday, but brokers here maintained that not only was the underlying sentiment still firm, liquidity flows were
    594 words
  • Article
    Lock icon Redas: govt can consider land sales next year
    159 1 Bridge News [SINGAPORE] The government can consider resuming land sales next year, the president of the Real Estate Developers' Association of Singapore, Daniel Teo, said yesterday. Speaking on the sidelines of the World Conference on Model Cities here, Mr Teo said that
    Bridge News  -  159 words
  • Article
    Lock icon Dow down 38 at 1pm, Nasdaq up 40
    91 1 Reuters [NEW YORK] Wall Street stocks rose and then fell in morning trading yesterday after a spectacular early gain on Monday of 270 points turned into a closing 53-point loss. But the technology-laced Nasdaq Composite index which plunged 138 points on Monday
    Reuters  -  91 words
  • Article, Illustration
    Lock icon Key S'pore exports dip 0.7% in March, but pickup seen
    555 1  -  By. Audrey Tan [SINGAPORE] Singapore's non-oil exports continued to shrink by 0.7 per cent in nominal terms in March. Noting that the fall is the smallest since last September, analysts are hopeful that a trade recovery may take place as
    Compiled by BT  -  555 words
  • Article, Illustration
    Lock icon Keenly-watched HK land auction beats expectation with HK$1.5b sales
    786 1  -  Developers come on strong Sino Land bags 1 of 3 sites Fromi Quak Hiang Whai in Hongkong HONGKONG'S first land auction since the government ended its nine-month moratorium on public land sales last month produced results which surpassed analysts' expectations, netting
    REUTERS  -  786 words
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      Page 1 Advertisements Column 1
      147 1 nngPE IMF ops S'pore fcreeut The International Monetary Fund has changed its forecast for real GDP growth for the Singapore economy this year to 0.5%, from minus 0.8% in its December 1998 assessment, Pg 11 lfcney Matters Larry Wee looks at why an Asian share market rally will limit currency
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      Page 1 Advertisements Column 2
      28 1 B S'pore stocks: 15% back to pre-crisis levels, Pg 2 Ranking of S'pore stocks: the full list, Pgs 2 3 More local stocks get thumbs up, Pg 2
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      Page 1 Advertisements Column 3
      297 1 Introducing the re® t n HereS howitworks. f| Just sip the new, uiraiight, penllum*j[ I Superthir, mrnkpad 570 into an uttrabase and it transforms mto a flexible multimecSa desktop J A desktop that 's mobrfe enough to take with you as your a»-rvone portable US the one computer to have
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      Page 1 Advertisements Column 4
      24 1 IPO WATCH VIoPImPO: more than 200 time* subscribed AlgresnPO: oversubscription expected Pod Hong ChoonPO: oilsrlng of 50m Shares at I9centseach. Ful reports, Pb 15
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  • ASIA ON THE MEND
    • Article
      Quarter of STI stocks above pre-crisis levels
      404 2  -  Pack of largely bine chips led by SPH; none of six property component stocks made it to list By' Ven Sreenivasan [SINGAPORE] A quarter of all the 62 component stocks of the Straits Times Index have managed to claw their way past pre-crisis
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    • Article
      More local stocks get thumbs up from analysts
      329 2  -  Biggest turnaround in recommendations for finance sector By, Aug Wan May [SINGAPORE] Analysts are recommending more buys on local stocks, compared to five months ago. According to Barra's The Estimate Directory, a data research and collating agency that tracks earnings forecasts, analysts
      329 words
    • Article
      Where they stand
      1329 2 Some 35 stocks have recovered to their pre-Asian crisis levels. But others are still struggling to catch up. Below, we show you where all the Singapore stocks stand vis-a-vis their closings on July 1, 1997, the day before the crisis erupted. APR 20 JUL 1 '99 '97
      1,329 words
    • Article
      Lock icon Jakarta shares seen ripe for a fall
      565 4 Foreign buyers on spree; analysts warn stocks dangerously high with no fundamental support Reuters [JAKARTA] Indonesia's surging stock market has been flying dangerously high without solid fundamental support and is in danger of tumbling back to earth, analysts warn. They say the approach
      Reuters  -  565 words
    • Article
      Where they stand
      597 4 APR 20 JUL 1 99 '97 CHANGE PRICE 201 Sin Soon Huat 0.25 0.46 -46.7 202 Hwa Hong Corp 1.26 2.33 -46.9 203 Orchard Parade Hldgs 1.27 2.36 -402 204 Central Properties 10.20 19.00 -463 1206 Chemical Ind 1.71 3.20 -46.6 206 Excel Machine Tools 0.41 0.77
      597 words
    • Article
      Capital curbs: Bank Negara fine-tunes rules
      453 4  -  Overseas M'sians treated like foreign portfolio managers From Eddie Toh in Kuala Lumpur THE Malaysian central bank has further fine-tuned its regime of capital controls to discourage inflow of hot money but overseas Malaysians, mainly in Singapore, may not be happy with the move.
      453 words
    • Article
      Lock icon Surge in Asian stock prices unjustified: Clariden Bank
      426 4 It rejects view global funds will reallocate in favour of Asia Reuters [HONGKONG] Asian stocks have reached unjustified levels without support from big international funds, and in this environment selectivity remains the best strategy, a senior investment banker said yesterday. "Largely, international
      Reuters  -  426 words
    • Article, Illustration
      Lock icon China grows 8.3% in Ql, seen meeting year's target of 7%
      523 4 Reuters [BEIJING] China's economy grew by an above-target 8.3 per cent in the first quarter of 1999, powered by infrastructure spending, and is on track to meet a 7 per cent growth target for this year, officials said yesterday.
      Reuters; AFP  -  523 words
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      359 2 fjfcl SOUTHERN ILLINOIS UNIVERSITY Carbondale, Illinois, USA American MBA Internationally Accredited by AACSB 18 months 11 modules 495 contact hours Fully Accredited by NCACS 100% taught by University's professors 2nd Intake in Singapore Starting May '99 100% in Singapore Management Education Centre BiffirgWrK One of America's 10 Anson Road #03-07
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  • EMPLOYER News
    • Article, Illustration
      Get the details right!
      391 3 Employers who submit incorrect or incomplete CPF contribution details can cause their employees to miss their housing loan repayments. Each month, about 10% of employers do not submit their CPF contribution details correctly. These errors are costly for both the employers and their employees Employers may
      391 words
    • Article, Illustration
      Go electronic: It's faster!
      625 3 Employers are encouraged to submit their CPF contribution details to the Board electronically. There are two ways to do this—CPF/IRAS LineorCPF PAL-Internet (Employer Returns). Both these services are convenient, easy to use, and available 24 hours daily. The data transmitted is securely encrypted to maintain confidentiality
      625 words
    • Article, Illustration
      Cut in CPF contributions: Questions employers often ask
      315 3 The Board received many enquiries on the reduction in the employer's CPF contribution rate. •I: Rat is the salary cafcg maiimun Cff coatribatha aft* thecal? The salary cci Hog remains unchanged at $6 r ooo. The maximum contribution for the employer is
      315 words
    • Article, Illustration
      Giro for the selfemployed
      219 3 Your answer to up-to-date Medisave contributions. Sign up for Giro before 30 June 1999, and pay your outstanding Medisave contributions by instalment. During this promotion period, the Board will waive the requirement of partial payment of your outstanding contributions upfront when you sign up for Giro.
      219 words
    • Quick News
      • Article
        Training on CPF via the Internet
        131 3 Payroll staff can soon teach themselves about CPF contributions and liabilities, learn more about wages, and master the correct way of completing the CPF payment advice all on the Internet. Available from May 1999, the Board's new self-training module is so easy to use,
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      • Article
        Reimbursing hospital expenses
        85 3 This is a guide on how to reimburse employees who have paid their hospital bills with Medisave or cash, or who have claimed from MediShield or MediShield Plus. Employers should: First reimburse the portion of the bill paid in cash. Return the amount settled by the employee's
        85 words
      • Article, Illustration
        Giro incentive extended
        107 3 Almost 5,000 employers have signed up to pay their CPF by Giro since January this year. Those who had signed up before 31 March 1999 enjoy an additional three days' grace to maW» payment. To enable more employers to enjoy the benefits of Giro, the promotion has
        107 words
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      Page 3 Advertisements Column 1
      45 3 Q Savings from thtCPF cut can be employers and 20% for Contributions made for foreran CfF passed to employees the form of cash or a bonus. TOGETHER gj LOOKING AFTER OUR FUTURE /QUAirry CLASS another public communication effort by a quality class organisation Jx. ?K-IN-ACTION
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      Page 3 Advertisements Column 2
      69 3 To make this newsletter useful to you, we invite your feedback on the information you would like the Board to provide. Send your comments, ideas and suggestions to: The Manager (Public Affairs) Central Provident Fund Board Fax: 225-8732 E-mail: cpfboard@cpfstems.com For enquiries, please call: CPF contributions, liabilities and registration 1800-226
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Bull markets will limit currency losses
      1193 5  -  Run-up in stocks may signal start of a major Asian markets rebound By Larry Wee [SINGAPORE] Frenetic buying of Asian stocks took centrestage over the last week, leading Asian currencies to test higher ground from Seoul to Singapore. The overall sentiment in Asian bourses
      Source: HypoVereinsbank  -  1,193 words
    • Article, Illustration
      Lock icon Asia poised for strong comeback
      589 5  -  Risks aside, region is emerging stronger, more competitive: SG By] Larry Wee [SINGAPORE] Asia's emerging markets have turned the corner, and will make a strong comeback into the 21st century stronger, more competitive and with high quality economic growth which will outpace other emerging markets.
      Source: SG Securities Asia  -  589 words
    • Article
      KL seen easing capital curbs this year
      515 5 ANALYSIS [SINGAPORE) There is reason to hope that Malaysia will loosen up on controversial capital controls in the course of 1999, and even move towards some form of limited convertibility for the ringgit next year. Capital gains tax: During a recent visit to
      515 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      94 5 Regus is changing the way people work by providing fully furnished, operational in Singapore or a choice B m m. of 200 centres worldwide, within 24 hours. TT J 1 Instant infrastructure, leading edge Jk M M, technology and a professional working i m jk n"■ environment, tailor made to
      94 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Seven more ERP gantries to go up in September
      360 6  -  And LTA may erect another 13 to ping gaps in new central S'pore cordon By Marissa Chew COME September, there will be seven more electronic road pricing gantries along Thomson, Kallang and Bendemeer roads as well as the Ayer Rajah (AYE)
      360 words
    • Article, Illustration
      No credit cards? Here come OUB, UOB debit cards
      419 6  -  OUB's now available, UOB's from mid-Jane By i Clarissa Tan EVEN as banks continue their fierce fight in the credit card market, the card competition is moving on to new turf debit cards. Overseas Union Bank yesterday took a two-page spread
      419 words
    • Article, Illustration
      Lock icon Rhone-Poulenc unit awarded Business HQ status
      293 6  -  By\ Eugene Low FRENCH company RhonePoulenc Animal Nutrition (RPAN), a leading producer of nutritional feed additives, opened its $9 million regional operations centre here yesterday. RPAN, which was awarded Business Headquarters Status by the Economic Development Board yesterday, will also invest a further $6
      ARTHUR LEE  -  293 words
    • Article
      S'pore still most competitive economy in world after US
      577 7  -  Bat IMP study shows Republic slipping in some categories By: Eugene Low IN spite of the region's economic woes, Singapore remains the most competitive economy in the world after the US, says the Swiss-based International Institute of Management Development (IMD). The
      577 words
    • Article
      Lock icon NTUC proposes wage buffer to save jobs during crisis
      351 7 Call to give part of wage rise as monthly variable payment The Straits Times WORKERS may get part of their annual wage increase as a monthly variable payment if a proposal by the National Trades Union Congress takes off. This will
      The Straits Times  -  351 words
    • Article
      ABN Amro, Nets tie up on e-commerce deals
      228 7  -  Byi Clarissa Tan DUTCH bank ABN Amro and Singapore's Network for Electronic Transfers (Nets) will form a partnership to allow the bank to provide ecommerce financial transactions between businesses in the Asia-Pacific. The two parties have signed a memorandum of understanding for
      228 words
    • Article, Illustration
      Lock icon Carrie Models, Grande unit launch club
      281 7  -  By' Tan May Ping CARRIE Models and Grande Studio East have teamed up to invest in a new club-cum-wine bar at Cineleisure Orchard called Carrie Models Club (CMC). Both parties have an equal stake in the $3 million joint venture that was agreed upon
      SIEW YAW HOONG  -  281 words
  • Page 6 Advertisements
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      174 6 w Singapore W AIRLINES iW entertainment y y A y options in the air. I I Kaeh of our twelve IJL N| I—i V V exclusive- SkySnites* I I T A upholstered in soft I I|< I 1 I ZA A HxDl If with burr wood features the world's largest
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Mobs burn church after Jakarta blast
      480 8 JAKARTA Habibie says mosque bombing an attempt to sabotage elections in June Reuters VENGEFUL mobs have destroyed a church after the bombing of Indonesia's major mosque, sparking fears the mostly Muslim country may be descending into even bloodier violence in the runup to national
      Reuters; AFP  -  480 words
    • Article
      Lock icon Thai cabinet approves Budget for FY2000
      332 8 BANGKOK Economy seen growing 1% this year, 3% in 2000 AFP THAILAND'S cabinet yesterday approved an 860 billion baht (5539.4 billion) Budget for the fiscal year to September 2000, hoping to ease the pain from a nearly two-year-old economic crisis. An official statement also
      AFP  -  332 words
    • Article
      Lock icon Indon Parliament approves monitoring of capital flows
      278 8 JAKARTA AFP INDONESIA'S Parliament yesterday approved a bill empowering the government to track potentially destabilising foreign exchange flows, but the central bank ruled out capital controls. Witnesses said the bill was passed in a plenary session of the House of Representatives. It will
      AFP  -  278 words
    • Article
      Lock icon Suharto told to prove Habibie accusations
      145 8 JAKARTA AFP INDONESIAN Attorney-Gen-eral Andi Ghalib has challenged former president Suharto's lawyers to prove their accusations of corruption against his successor, President BJ Habibie, the Jakarta Post said yesterday. Mr Ghalib dismissed the threat as a lawyer's attempt to help his client evade an
      AFP  -  145 words
    • Article
      Lock icon Malaysia to kill stray dogs in virus area
      238 8 m KUALA LUMPUR Reuters MALAYSIA said yesterday it would kill some stray dogs and test "every species imaginable" after canines were found to have contracted a pig-borne virus that has killed 99 people. In the past week, the number of deaths and
      Reuters  -  238 words
    • Article
      Chavalit quits as party chief, but analysts say it's just a ploy
      435 8  -  He'll purge political foes after party polls next week, they say From'. Harish Mehta in Bangkok THE surprise resignation of Thailand's former prime minister Chavalit Yongchaiyudh as leader of the New Aspiration Party (NAP) on Monday was a
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    • NOTE Book
      • Article
        Lock icon Delay in freeing of telecoms market
        61 8 Reuters [BANGKOK] Thailand's telecoms liberalisation will be delayed by a year, a senior executive of the country's biggest telecoms company said yesterday. Withu Ruksvanichpongs, senior executive vice-president of the Telephone Organisation of Thailand, said the legal framework allowing a free telecoms market probably would
        Reuters  -  61 words
      • Article
        Lock icon BCA takes over accounts of shut banks
        61 8 Bloomberg [JAKARTA] Indonesia said it transferred accounts worth i 50 trillion rupiah (559.9 billion) to Bank Central Asia from the 38 banks it closed down last month. The government has appointed international auditors to assess the financial position of the 38 banks, said
        Bloomberg  -  61 words
      • Article
        Lock icon Too close for comfort
        80 8 Kyodo [BANGKOK] Thai satellite operator Shinawatra Satellite Co has expressed to the International Telecommunication Union worries about a plan by a Hongkong company to move a satellite to an orbit only one degree from Shinawatra's Thaicom satellites a company official said yesterday. Asia Satellite Telecommunication of
        Kyodo  -  80 words
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      Page 8 Advertisements Column 1
      274 8 UNITED ARAB SHIPPING CO. (S.A.G.) JOB VACANCIES I Fleet Department of UASC Kuwait, the successful Arabian Gulf National Line with a Fleet of 56 Ships, serving Worldwide, has job vacancies, for which, the qualifications, experience, skills and other requirements, are briefly given hereunder: Q TECHNICAL MANAGER:(I Nos.) Holding Chief Engineer
      274 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China sets up firm to clear state banks' bad debts
      494 9 BEIJING Cinda to package 200bynanof CCB's bad debts for resale to investors Reuters CHINA set up an institution yesterday to liquidate bad debts at one of its big four state-owned banks, marking a milestone in efforts to clean up one
      Reuters  -  494 words
    • Article
      Lock icon China plans to ease rules on overseas listings
      299 9 SHANGHAI Reuters CHINA plans to relax some curbs on overseas listings in a move analysts said could improve the quality of Chinese firms traded on foreign markets. Beijing would ease restrictions on both the scope and number of overseas listings and end
      Reuters  -  299 words
    • Article
      Lock icon Creditors demand 4.6b yuan from Gitic unit
      238 9 SHENZHEN Tight security at first meeting on Gitic liquidation AFP CREDITORS yesterday demanded 4.59 billion yuan (*****.9 million) in repayments from a subsidiary of China's bankrupt Guangdong International Trust and Investment Corp (Gitic), sources said. The demand came at the first in a
      AFP  -  238 words
    • Article, Illustration
      Lock icon Beijing's WTO entry in HK's interest: Zhu
      283 9 VICTORIA, British Columbia Chinese premier confident territory's economy will recover CHINESE Premier Zhu Rongji said on Monday he is confident Hongkong's economy will recover, and dismissed concern it will be hurt if China joins the World Trade Organization. Speaking to political leaders of
      AFP  -  283 words
    • Article
      Lock icon Chinese state firms show net profit for Jan and Feb
      146 9 BEIJING AFP CHINA'S state-owned enterprises collectively turned a profit in the first two months of the year, reversing a loss during the same period in 1998, a senior official said yesterday. "In the first two months, the net profit of
      AFP  -  146 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      144 9 I At One With Asia I H I No. 1 in Economics I I Dr. Tim Walker Team I l Stewart Pater son/Russell, N I I No.I ■Hiina I y |^H I Ji n g Ulrich 8c Team I #ffgfg§L I No.I in Hong Kong I I Dio Wong Team
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  • ASIA
    • ASIA Notes
      • Article
        Lock icon Y2K tests at Aussie bourse successful
        68 10 Bloomberg [MELBOURNE] The Australian financial industry moved a step closer to receiving a clean bill of health in relation to the Year 2000 computer problem. The Australian Stock Exchange said it saw no problems following tests of equities trading, settlement and data signal generation.
        Bloomberg  -  68 words
      • Article
        Lock icon Support for Obuchi cabinet rises
        67 10 AFP [TOKYOJ Support for Prime Minister Keizo Obuchi's cabinet was rising, and closing in on the numbers who gave the administration the thumbs down, according to polls released yesterday. An Asahi Shimbun poll put support for the government at 36 per cent, up from 33
        AFP  -  67 words
      • Article
        Lock icon NZ annual inflation at 10-year low
        78 10 Bloomberg [WELLINGTON] New Zealand inflation barely budged in the first quarter, pushing the annual rate to its lowest in 10 years. Consumer prices, excluding credit costs such as home loans, rose 02 per cent in the first quarter. That's less than the 0.3 per
        Bloomberg  -  78 words
    • Article
      Lock icon Seoul threatens to sack striking workers
      221 10 SEOUL Arrest warrants issued for 20 onion leaders Reuters TENSION between the South Korean government and labour unions mounted yesterday as striking subway workers were threatened with dismissal if they refused to return to their workplace by midnight today. Some 7,500 members of the
      Reuters  -  221 words
    • Article
      Lock icon RBI warns of fiscal deficit dangers
      483 10 GOVERNMENT IN CRISIS Markets m!" as central bank leaves key interest rates unchanged Reuters, Bloomberg [BOMBAY] The Reserve Bank of India (RBI) yesterday delivered a stiff warning to whoever takes over India's vacant premiership that the fiscal deficit burden was damaging the government's debt
      Reuters,; Bloomberg  -  483 words
    • Article
      Lock icon Steel Authority of India to cut 45% of workforce
      121 10 SINGAPORE Bloomberg THE Steel Authority of India Ltd, the country's biggest steelmaker, plans to cut 75,000 jobs, or 45 per cent of its workforce, in five years to lower costs as falling prices erode earnings. While the company's sales volume rose
      Bloomberg  -  121 words
    • Article, Illustration
      Lock icon Jayalalitha calls the shots in style
      516 10 NEW DELHI Makes herself at home in posh hotel, cost no concern AFP ENSCONCED in a ritzy hotel suite used by Prince Charles and HiUary Clinton, an Indian actress-turned-politician was trying yesterday to.help form a new government to replace the one she toppled last
      AFP  -  516 words
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      127 10 E S #4 i- Risk. Covered by Allianz Group. J t f Wherever you are. Whatever you I 1 do.The Allianz Group is always on il Ii I your side lo us risk management moans thinking the unthinkable to I I J X M B prevent nsk turning into loss.
      127 words
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  • REGION/WORLD
    • Article
      Lock icon German business confidence up in March
      368 11 MUNICH Bloomberg GERMAN business confidence rose for the first time in 10 months in March, suggesting companies are seeing some signs of a recovery in Europe's biggest economy as a falling euro boosts exports. Western German business confidence, as measured by the Ifo economic
      Bloomberg  -  368 words
    • Article
      Lock icon Brazil's Cardoso sees economy turning the corner
      463 11 LONDON, Reuters BRAZILIAN President Fernando Henrique Cardoso said yesterday that the country's recession this year would not be as steep as feared and that the end of its devastating financial crisis was close at hand. With Brazil poised to issue a international bond
      Reuters  -  463 words
    • Article
      IMF raises growth forecast for S'pore to 0.5%
      697 11  -  Asian slump seems close to bottom, says outlook report Reports by Vikram Khanna in Washington THE International Monetary Fund has changed its forecast for real GDP growth for the Singapore economy this year to 0.5 per cent, from minus-0.8 per cent in
      697 words
    • Article
      Lock icon US trade deficit hits record in Feb on higher imports
      486 11 WASHINGTON Exports down for fourth straight month due mainly to drop in civilian aircraft sales Reuters THE US trade deficit soared to a record U5519.44 billion (5533.24 billion) in February as imports of cars, consumer goods and other manufactured goods
      Reuters  -  486 words
    • Article, Illustration
      Lock icon Taking a lesson from Gates
      58 11 [CHICAGO] Bill Gates, chairman and CEO of Microsoft, talking to a group of school children at the Museum of Science and Industry in Chicago on Monday. Mr Gates was in town to give the keynote address at the Comdex computer trade show and told the
      REUTERS  -  58 words
    • Article
      Japan economy projected to contract 1.5%
      438 11 THE Japanese economy is likely to get worse before It improves, according to the IMF in its latest issue of World Economic Outlook which was released yesterday. In an unexpectedly downbeat assessment, it points out that indicators for early 1999 are mixed, and it
      438 words
    • Article
      Lock icon Russia open to massive US$11b default: official
      490 11 LONDON Moscow won't repay bonds dne in May, snowballing debts Reuters RUSSIA faces the possibility of a massive cross-default on an US$ll billion (SslB.B billion) programme of dollar-de-nominated debt in mid-May because it will not repay manuring MinFin bonds, a senior official said
      Reuters  -  490 words
    • Article
      Lock icon No need to change rates, says Fed official Rivlin
      220 11 WASHINGTON AFP US Federal Reserve vicechairman Alice Rivlin suggested in an interview yesterday she sees no need in the near future for a lowering or raising of US interest rates. "The risks look pretty balanced," Ms Rivlin was quoted as saying
      AFP  -  220 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon China joining WTO would be a gift to US
      748 12  -  THE BOTTOM LINE OPINION By Thomas Friedman The writer is a New York Times columnist NYT A FEW years ago, I was interviewing a dissident Indonesian news editor who was telling me about how he managed to get critical things about
      NYT  -  748 words
    • Article
      IN OTHER WORDS
      156 12 'It seems to me that Compaq's strategy has been unravelling for quite a few years now. They're caught between the low end and the high end, and that's why you see them constantly changing their mind. The first thing they have to do is figure out what
      156 words
    • Article
      Japan must get its timing right
      620 12 EDITORIAL JAPAN has shown an unhappy knack of shooting itself in the foot from time to time when it comes to economic policy-making —and it appears poised to do the same thing again. This time, it may be over the need for industrial restructuring
      620 words
    • Article, Illustration
      Lock icon Asia goes its own way in world of e-commerce
      1116 12 Business over the Internet is growing in Asia, bnt it's different from that in the West The Economist AMERICA has Jeff Bezos; China has Jack Ma Yun. Both are clever entrepreneurs who have grown rich by being among the first to
      The Economist; Source:  -  1,116 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      999 12 Atari's credibility In shreds AS THE conflict between armed pro-independence and pro-integration groups in East Timor continues to claim lives, the real casualty seems to be the credibility of the Indonesian government and the armed forces (Abri). Reports from the province indicate the situation is deteriorating
      999 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Sharks—up close!
      500 13  - Sharks —up close! The Titanic cameraman plans some hair-raising footage, cuff johksom reports GIFF JOHNSON AFP After shooting the spectacular scenes seen by millions of the Titanic lying in its watery grave, cameraman A 1 Giddings is about to treat viewers to altogether more hair-raising footage. After filming the underwater
      AFP  -  500 words
    • Article, Illustration
      Lock icon Making reading cool
      735 14  -  US publishers are using celebrity ads to hook youngsters on reading, reports danagamedy DANA CANEDY NYT OPRAH Winfrey may have her reading club, but other celebrities are joining efforts to persuade more Americans to pick up a book. In a campaign designed to make reading cool to
      NYT; FILE PHOTO  -  735 words
    • Article
      Lock icon GM fears boost organic produce in UK
      421 14 HEALTH Consnmers bought £100 m worth of organic food in 1993, £260 m in 1997 Reuters [LONDON] Concerns over the safety and potential übiquity of genetically modified (GM) foods are driving British consumers increasingly into the arms of organic producers. And the supporters
      Reuters  -  421 words
    • Article, Illustration
      Lock icon Spielberg isn't leaving his Dream studio
      731 14 FILM He denies talk that he plans to set np escape hatch from Dream Works LAT-WP [HOLLYWOOD] DreamWorks is preparing to make some changes in its movie division. And Steven Spielberg will be around to oversee them. For two years there's been rumbling in
      LAT-WP; FILE PHOTO  -  731 words
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      502 13 Where to wine, dine and entertainM. at over 30,000 locations workM. Special Secretaries' Lunches await the Boss and the Secretary at St. Gregory's Brasserie or the Hua Yuen Chinese Restaurant from April 19 to 23 for the Secretaries' Week Promotion. Each secretary will be presented with a door gift and
      502 words
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      Page 13 Advertisements Column 2
      166 13 BBFrallanOi ■DOURMEU wine 1 ADVENTURE I I 1-30 April 1999 1 I Savour Exotic I Australian Seafood I Set Menus with m I Australian Wi nes 'jm I Seafood perfected Chinese l&W I s V I st y* c r lunch and dinner. 5 i i Also features Abalone set
      166 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1186 13 CRYPTIC CROSSWORD ACROSS j 2 5 I i 5 K F I 1 Impressive sum forming the aggregate 6 Cambridgeshire saint exists j without money (4) 9... money man leaving (5) Hi H~ |H[ 10 Western filmed at the junc(9) 12 Round moat, round and airy! 14 Proportion before the
      1,186 words
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      228 14 H toast to all Secretaries. 19-23 APRIL 1999 After working your assistant so hard, isn't it time to make her feel that All lady guests will be she's being appreciated? Well, it is. Make an appointment for the both presented with door gifts and of you starting with a leisurely
      228 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Poh Tiong Choon offers 50m shares at 19 cts each
      405 15  -  Price-Learnings ratio of logistics specialist a relatively low 7.28 By 1 Teh Hooi Ling [SINGAPORE] Home-grown logistics specialist Poh Tiong Choon (PTC) yesterday launched its initial public offering of 50 million new shares at 19 cents each for listing on
      SIEW YAW HOONG  -  405 words
    • Article
      HK market under-rates Dickson Concepts
      795 15  -  HOCK LOCK SIEW Quak Hiang Whai IN Hongkong where money often speaks the loudest, it is little surprise that some minority shareholders of Dickson Concepts (International) are sceptical of the company's recently announced asset switching plan. In particular, they are sceptical that the company's chairman
      795 words
    • Article
      VicPlas scores 216 times subscription for IPO
      415 15  -  □OTIAIi PUBLIC OFFERS That's the highest for a new offer since 1993 as pnnters ride wave of new listings By\ Rahita Elias [SINGAPORE] Pipe and pipefitting specialist VicPlas International's initial public offering (IPO) closed yesterday with a robust subscription rate of 216.5 times
      415 words
    • Article
      Allgreen IPO: oversubscription seen
      364 15  -  $200 m placement tranche well received by funds By Ang Wan May ALLGREEN Properties' initial public offering pegged at about $250 million is likely to be oversubscribed, say analysts. Already, the placement tranche worth about $200 million is close to full subscription just three days into
      364 words
    • Article
      Malaysian banker to head OCBC consumer finance
      216 15 [SINGAPORE] OCBC Bank has appointed a senior Malaysian banker to head its key consumer financial services division some two months after the not-so-amicable resignation of its previous head. The bank said yesterday that Chin Yuen Yin, a 51-year-old professional banker, will head the
      216 words
    • COMPANIES
      • Article
        Lock icon Thai Danu Bank posts first-quarter loss of 103m baht
        222 16 AFXAsia Bloomberg [BANGKOK] Thai Danu Bank pic, controlled by Development Bank of Singapore, yesterday reported a loss of 103.2 million baht (554.7 million) for the first quarter of this year amidst continued economic weakness. It had a 5.26 million baht profit
        AFX- Asia; Bloomberg  -  222 words
      • Article, Illustration
        M'sia to go after bigwigs who flout securities laws
        390 16  -  minister's statement comes a day after SC pursues Promet, Khong Guanchiefs Fron Eddie Toh in Kuala Lumpur THE Malaysian authorities will go after other corporate bigwigs whom they believe have breached the country's securities laws, Second Finance Minister Mustapa Mohamed said
        390 words
      • Article, Illustration
        Lock icon Cathay's dream comes true
        1521 16  -  The entertainment group is finally getting its listing, through a reverse takeover By] Rahita Elias [SINGAPORE] ENTE RTAIN-MENT-BASED Cathay Organisation's journey to a listing on the Stock Exchange of Singapore is one that has taken a generation to fulfil. The idea was first mooted in 1959
        ARTHUR LEE  -  1,521 words
      • Article
        HKTel offers voluntary retrenchment plan to 4,000
        454 16  -  Cuts needed to meet changes in business climate, technology From l Quak Hiang Whai in Hongkong HONGKONG Telecom (HKTeI), which aborted a 10 per cent pay cut last year in the face of strong protests from many fronts including the public, yesterday offered
        454 words
      • Article
        KepTL Bank's foreign tie-up talks progressing
        483 16  -  Partnership still expected to involve equity participation By Wong Wei Kong [SINGAPORE] Talks between Keppel Tat Lee Bank (KTB) and foreign financial institutions on a potential partnership are progressing, KTB director Teo Soon Hoe said yesterday. "We want to do it as quickly as
        483 words
      • Article
        Heshe in joint ventures to build China homes
        326 16  -  By: Rahita Elias [SINGAPORE] Heshe Holdings' property subsidiary, Hinterland Property Development, has sealed two joint venture deals in China to develop mid-priced housing in Shanghai and Beijing for the locals there. In a statement to the stock exchange yesterday, Sesdaqlisted Heshe said
        326 words
      • COMPANY Briefs
        • Article
          Informatics moves into Xian and Dalian
          58 16 [SINGAPORE] Informatics Holdings has entered into a 30-70 Joint venture with four individuals to form LMN Education Pte Ltd, which will establish and operate computer training schools in Xian and Dalian, China. Its partners in the deal are Ang Ah Hock, Lim Chee Seng,
          58 words
        • Article
          Informatics in Shanghai consultancy
          46 16 [SINGAPORE] Informatics Holdings Ltd has set up a wholly-owned subsidiary, Informatics Consultancy (Shanghai) Co in Shanghai. The new company's principal activities are investment consultancy, development of market for business management and computer training schools. Informatics will finance this investment from internal sources.
          46 words
        • Article
          3 Inchcape Marketing directors quit
          56 16 [SINGAPORE] Three directors of Inchcape Marketing Services resigned yesterday. They are Thai Chee Ken, Andrew Milner Smith and Cyrus Keki Medora. Lau Butt Farn has been appointed as a member of the audit committee in place of Mr Thai, while Robert Goodall has been appointed
          56 words
        • Article
          Sembawang Marine bags major job
          74 16 [SINGAPORE] Sembawang Marine Offshore Engineering has secured a multi-million US-dollar contract for the fabrication of onshore pre-assembled units for a downstream heavy oil upgrading facility in Jose, Venezuela. The contract, whose exact dollar value was not revealed, was awarded by Contrina, the main contractor to
          74 words
    • REGIONAL COMPANIES
      • Article
        Lock icon ABN Amro report bugs clients on e-mail list
        469 17 Bloomberg [HONGKONG) Justin Ferrier, who works in Banco Santander's Hongkong corporate finance department, wanted a copy of a monthly research report published by ABN Amro Asia Ltd. He got more than he bargained for. His request was written as an e-mail reply
        Bloomberg  -  469 words
      • Article
        Taiwan's Mosel expects NT$4b gross profit
        619 17  -  Fonndry work in H2 seen boosting earnings despite Q1 loss and likely Q2loss From Macabe Keliher in Ta ijyei SUPERCONDUCTOR maker Mosel Vitelic expects to return to the black this year on the back of increased superconductor demand and a venture into larger foundry
        619 words
      • Article
        Lock icon Takashimaya to cut staff by 8% as profit falls
        392 17 Slump in sales blamed for 43% drop in pre-tax profit Bloomberg [TOKYO] Takashimaya, Japan's largest department store by sales, said it will cut its workforce by 8 per cent by February 2001 after a slump in sales of clothing and furniture
        Bloomberg  -  392 words
      • Article
        Lock icon C&W to raise bid for Japan's IDC
        304 17 Reuters [TOKYO] In a move expected to heat up the bidding war for Japanese telephone company IDC, Britain's Cable and Wireless yesterday said it would raise its offer and was committed to beating national powerhouse NTT. A C&W official said his company would
        Reuters  -  304 words
      • Article, Illustration
        Lock icon Hyundai under pressure to revamp
        252 17 AFP [SEOUL] South Korea's largest business conglomerate, the Hyundai Group, yester- day came under pressure to follow the troubled Daewoo Group and come forth with a radical corporate restructuring programme. The pressure on Hyundai was ratcheted up after Daewoo on Monday announced a massive overhaul
        AFP  -  252 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Shift from glamour US stocks gains momentum
        782 19 Investors are moving into shares of some companies that had been left for dead NYT [NEW YORK] In a stunning reversal, investors piled out of technology stocks and other market darlings on Monday, pummelling the very shares that propelled the broad market averages
        NYT; REUTERS; Source: Bloomberg  -  782 words
      • Article
        Lock icon Don't lose faith in Net stocks, say analysts
        329 19 It's volatile business and Monday's selldown is typical Reuters [PALO ALTO, California] If it looked like Monday was a bad day for the stock market, it was far worse for the growing number of Internet stocks. Amazon.com tumbled more than US$3l a
        Reuters  -  329 words
      • Article
        Lock icon Deutsche Telekom shares down 3%
        407 19 Investors upset by silence on on-off deal with Telecom Italia AFP [FRANKFURT] Investors in Germany vented their frustration yesterday over the onoff marriage between Deutsche Telekom and Telecom Italia by selling their shares in the German telecoms giant and pushing the share price down by
        AFP  -  407 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Goldman exec exploring LTCM buyout
        237 20 Reuters [NEW YORK] Jon Corzine, co-chairman of Goldman Sachs Co, and certain original partners of the bailed out hedge fund Long-Term Capital Management have allied to explore a buyout of the fund, the Financial Times reported. In recent weeks Mr Corzine, LTCM partner John Meriwether
        Reuters  -  237 words
      • Article, Illustration
        Lock icon Sicom, Osaka exchange form joint working group
        390 20  -  Common contract and trading platform among options nnder study By I Soh Tiang Keng [SINGAPORE] The Singapore Commodity Exchange (Sicom) and the Osaka Mercantile Exchange (OME) yesterday formed a working group to explore the possibility of collaboration between them. The unit will study
        CHRIS LOH  -  390 words
      • Article
        Lock icon Private equity funds woo distressed Asian companies
        439 20 Too much money may be chasing too few opportunities Reuters [HONGKONG] Growth is passe and distress is in for the newest funds scouring Asia's scarred corporate landscape for investment opportunities. Private equity funds have raised US$3 billion (Sss.l billion) over the past 18
        Reuters  -  439 words
      • Article
        Lock icon Chase Q1 earnings beat forecasts
        340 20 Bloomberg [NEW YORK] Chase Manhattan Ck>rp's first-quarter earnings rose a greater-than-ex-pected 11 per cent, as the second-largest US bank boosted trading and consumer banking income, more than offsetting a decline in investment banking revenue. Net income rose to US$l.l7 billion (Ss2 billion), or US$l.32 a
        Bloomberg  -  340 words
      • Article
        Sharp Nasdaq fall dampens local bulls
        220 21  -  SSMEXReports MSffT fflngapnufl Tnitiwr Bob Butcher, Jardine Fleming THE MSCI Singapore Index yesterday could not extend its rally much above the previous day's close, let alone the previous day's high. A sharply lower Nasdaq Index, which trades more in high-technology shares in the US,
        220 words
      • Article
        Futures dip on Nasdaq fall
        200 21  -  MSCX Taiwan fatnres Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures dipped 0.3 point in the April '99 contract yesterday despite a 4.56point rise in the Taiex. It opened lower after Nasdaq lost 138.43 points in Monday night's trading session. Ong First
        200 words
      • Article
        Lock icon Crude oil rises above US$18 for the first time in 15 months
        263 21 ENERGY REPORT Bloomberg [NEW YORK] Crude oil was little changed in morning trading yesterday after rising above US$lB a barrel for the first time in almost 15 months, as traders await signs that supplies will be reduced by
        Bloomberg  -  263 words
      • Article
        Lock icon CURRENCY REPORT
        314 21 Reuters London A SERIES of conflicting economic and political pressures kept the dollar locked in a narrow range against the euro and yen yesterday. Propping the dollar during the session was the Monday admission by European Central Bank head Wim Duisenberg that policy towards the euro was for
        Reuters  -  314 words
      • Article, Illustration
        Untitled
        1216 21 wterbajck cross rates Bn,b lm0 Tfr P* HK$ Ind»itupiah Vn Won ttt WZ$ Prt»» Ptio SS Band Sfr WT$ B*rt Powl US$ AuStr f"* A 0-966 'JI5 4 3 1,94 5 038 27-W9 56.230 0.768 7.725 2.471 1.185 32.929 24.745 1112 3.936 0.977 21.283 24.277 0 402 0 650 0185
        1,216 words
      • Article
        Untitled
        1823 21 SICOM PPTUBBS Apr 20 RUMI (Marts closing ts «t SJOpm) RSS1 CONTRACTS ccnWkq) Close Votame Open MwMi Htfij low Sott (towoo) Intytit 99 ***** 225 50 JOB 99 103.00 250 J* 99 104.25 75 775 106.00 75 275 S0f>99 108.00 75 275 Od/Dec 99 110.00 675 RSS 3 CONTRACT (US
        1,823 words
    • Article, Illustration
      Lock icon HONGKONG
      1348 22 AFP QHugSeng -356.66 HONGKONG stocks closed down 2.8 per cent yesterday on profit-taking following weakness on Wall Street and after a key government land auction. The blue chip Hang Seng Index ended down 356.66 points at 12,409.78 on turnover of HK$lO.2 billion. Dealers said investors had chosen to take
      AFP  -  1,348 words
    • Article, Illustration
      Lock icon CHINA
      571 22 Reuters QShenzhenßlndex -0.75 SHENZHEN'S hard currency B shares closed lower yesterday as selling was triggered by the announcement of disappointing 1998 results and expectations of more to come, analysts said. The B share index fell 0.75 point, or 1.29 per cent, to 58.04 on turnover of HKS33.O million, down
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  571 words
    • Article
      WORLD STOCK MARKETS
      2157 22 LONDON Industrials »M Pom* 31 Croup 6.84 -0.10 A Food* 4.34 -aiO A B Ports 2.86 0.06 Alllod Oomocq 4.92 -0.11 MM Zurich 7.90 -0-23 Anglo Amar lean Gold 41.80 0.50 ASOA Group 1.84 -0.10 Ban* of Scotland 9.10 -0.18 Barclays 19.00 -0.42 Bass 8.98 0.23 8G
      2,157 words
    • Article
      Lock icon TAIPEI
      328 22 AFP PwPlnJa +4.56 TAIWAN share prices closed 0.1 per cent higher yesterday as late bargain-hunting offset early falls triggered by overnight losses on Wall Street, dealers said. Investors rushed to buy cyclicals such as petrochemicals, steel and paper shares which were expected to gain from rising demand and price
      AFP  -  328 words
    • Article
      Lock icon TOKYO
      1618 22 AFP n Nikkei 225 ♦ait SHARE prices in Tokyo bounced back yesterday as investors bought on dips in late trading after the market slipped following a decline on New York's technology-heavy Nasdaq index, brokers said. The Nikkei average of 225 leading issues closed 22.90 points, or 0.1 per cent,
      AFP  -  1,618 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8593 23 INDUSTRIALS Coniuimr protfvcts 1999 Last Vol Day Nat Cap Hlffc Law »1e 'OOP Htqfc Low P/E $mH 3K) 255 Ajinomoto 290 16.0 117.5 83 46 Angkasa 66 -4 36 70 66 97.3 283 220 Apollo Food Hlg 260 9.0 104.0 204 115 BerlayaLand 151 unch 457 154 150 3.0 1046.8
        8,593 words
      • Article, Illustration
        Lock icon Stocks regain ground after early profit-taking
        409 23 AFP, AFX-Asia fl Composite Index +611 MALAYSIA'S key share index closed one per cent higher yesterday after heavy buying interest reversed earlier losses from profit-taking, dealers said. The KLSE Composite Index rose 6.11 points to finish at 621.53, off an earlier low 0f609.92 points,
        AFP,; AFX-Asia  -  409 words
    • WARRANTS. OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2272 24 BONOS, LOANS WARRANTS Wl 32-Wk Last Vol Day Last Quota Av< Hl«b Low StM Company Salt «or- COOO) High Low Buytr Sailor Ma 18 3 r 3160 *Acar******1 USS 15 OS 47 15 15 14.5 15.5 27 4.5 3164 Acma ******4 24.5 *0.5 455 24.5 23.5 24 24.5 2< s
        2,272 words
      • Article
        CLOB INTERNATIONAL
        229 24 HONGKONG STOCKS Cr Of S2 Vol Day Last Oust* Dtv Dtv YM Not M Cap HK L<m stno Company Salo COOP) High Urn Buyor SHor H C vr H Pfl $mll 235 173 5123 CDU200<»MK 230 cd unch 164 235 230 227.5 230 8 2.4 X5 118 4453.2
        229 words
      • Article
        GK Goh warrant: not for the risk-averse
        209 24  -  r 'inr'nri'#!!! mm liill —i WARRANT WATCH -By R Sivanithy STOCKBROKING firms have been in play recently, clearly because of the rising volume and the strong price increases the market has enjoyed in recent weeks. Yet the GK Goh warrant has arguably lagged
        209 words
    • Article, Illustration
      Lock icon JAKARTA
      730 24 AFP CI Composite Index -22J8 INDONESIAN share prices closed 4.4 per cent down yesterday as investors locked in profits on recent sharp gains amid political jitters after the bombing of a mosque here, brokers said. The bombing of the Istiqlal mosque on Monday could heighten political tension ahead of
      AFP  -  730 words
    • Article, Illustration
      Lock icon BANGKOK
      902 24 AFP P SET Index -6.08 THAI shares dipped 1.5 per cent yesterday as investors locked in profits following recent gains, dealers said. But they said the rally of recent days showed signs of broadening into small-scale stocks where buying was evident but not enough to lift the broad index.
      AFP  -  902 words
    • Article
      Lock icon SEOUL
      402 24 AFP FlComporite Index +184 SOUTH Korean share prices closed slightly higher yesterday as sentiment remained positive following recent steep rises, dealers said. They said foreign investors were mostly sidelined following sharp losses on Wall Street overnight, while institutions turned profit-tak-ers after the market jumped 5.7 per cent on Monday.
      AFP  -  402 words
    • Article
      Lock icon SYDNEY
      663 24 AFP PAH Ordinaries -210 SHARE prices ended a fiveday record-breaking run yesterday, easing 0.7 per cent in line with a weaker Wall Street, brokers said. The All Ordinaries Index slipped 23.0 points to 3,090.1. The All Industrials Index fell 31.8 points to 5,453.1 while the All Resources Index gave
      AFP  -  663 words
    • Article
      Lock icon MANILA
      345 24 AFP "Manila +2.67 PHILIPPINES share prices closed 0.1 per cent higher yesterday with profit-taking and caution over economic prospects capping the day's gains. The Composite Index gained 2.67 points to 2.358.65. Turnover rose to 3.08 billion shares while value fell to 3.85 billion pesos compared to 1.77 billion shares
      AFP  -  345 words
    • Article
      Lock icon WELLINGTON
      301 24 AFP n Wellington -20.77 NEW Zealand shares retreated 0.9 per cent yesterday on profit-taking in leaders which have enjoyed a run-up. The NZSE-40 Capital Index closed down 20.77 points at 2,192.04 on turnover worth NZ$lOl.l million. Falls outnumbered rises by 53 to 43. AFP A#r 20 (000) Advantage MDS
      AFP  -  301 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7115 25 Transaction date Apr 20 I 52-Wh Gf Of M Wt Mloh Law CHI L t vol Day Last Quota Dtv Dlv YM Net Cap Avg »«Mo Comply Soto OOP) High Low Boypf 5o»o> Cw jgg $mll Price multi-industry 40 1?.5 m b 1000 Acma
      7,115 words
    • Article
      SESDAQ
      1404 25 52-Wk Leaf Vet Day Last Owrte Mr Mv YM Net Cep Avq Hlg» Law StW Ciwpiny «H COOP) L— Buyer 8«—r Cw P/t Wo MANUFACTURINO "3 30 C 2049 AS Auto Kk 109 -1 909 112 K>6 109 110 15 N 7 14 10.3 124.5 107 79.5 45 c
      1,404 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        368 26 Stocks Votamt Tuan Sing 25c 36,471,000 UIC 18,260,000 Kim Eng 25c 18,050,000 IPC Corpn 5c 17,753,000 STEngglOc 15,142,000 WingTai 25c 14,616,000 SingTel 15c 14,125,000 Heshe Hldgs25c 13,334,000 DBS land 12,797,000 Guthrie W02 11,959.000 Stocks City Dev 50c 75,703,494 DBS Foreign 70,076,873 SingTel 15c 41,160,616 OBSLand 40,525,970 SPH 35,469,860 OCBC Foreign
        368 words
      • Article, Illustration
        Focus shifts to laggards as market takes a breather
        633 26  -  STOCK MARKET COMMENTARY Brokers see rally resuming STI only 20% away from its all-time high of 2,163 By R Sivanithy THE local market shifted down a gear or two yesterday after the exertions of the past two weeks and after the
        633 words
      • OH THE GRAPEVINE
        • Article
          Japan could be best performing
          66 26 JAPAN could be the best performing large market over the next year, Merrill Lynch said in its latest Asia-Pacific weekly. Japan's recession has gone on long enough to change attitudes and policies. Although strong growth is not in prospect, last September's pessimism could mark a
          66 words
        • Article
          Gang boss was here
          68 26 THE boss of Four Seas, one of Taiwan's biggest gangsters, was recently arrested In Shanghai while attending the wedding of his brother-in-law. What is interesting is that this gang boss, who has led an exodus of the top Four Seas members out of Taiwan following a
          68 words
        • Article
          Ex-governor for hire
          68 26 FORMER Malaysian central banker Ahmad Don is said to have set up a consultancy firm. Although the nature and scope of the business is not clear, he is believed to be a consultant to a Singapore company. The ex-governor of Bank Negara quit last September due to
          68 words
        • Article
          Time Engg backdeer listing vehicle?
          125 26 THE telecommunications sector in Malaysia is abuzz with talk that Time Engineering, the listed telecommunications unit of Renong Bhd, will become the backdoor listing vehicle for Binariang. There is speculation that Binariang, one of Malaysia's fastest-growing cellular phone operators, may buy Time Engineering's telecommunications business,
          125 words
      • Article, Illustration
        HOT STOCK
        64 26  -  -a, uu -By Wong Wei Kong TUAN Sing Holdings rose $0,075 to $0.31 yesterday with 36.5 million shares traded, compared with its 10-day traded average of 3.05 million units. The stock is at a new 52-week high, but the technical readings, such as the RSI and Stochastics, do
        64 words
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      Page 15 Advertisements Column 1
      461 15 Seminar on Regulations for Banks and Merchant Banks In a dynamic business environment, it is important to take a fresh look at regulations and assess its impact on banking operations. This seminar will address banking regulations and current interpretation of banking laws and systems of internal control that should exist
      461 words
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      7 17 Strait Talk V TmrßJ N Shipping Timfs
      7 words
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      Page 17 Advertisements Column 2
      206 17 the world s leading Sfwrmra- OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Sin<>- 19/5 our worldwide staff of over 275 multi-disciplined professionals including lawyers, chartered accountants, chartered 9K* < secretaries and bankers have provided nfl confidential and cost effective company formation in all the mapr low tax areas Incorporation Fees from
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      Page 17 Advertisements Column 3
      74 17 ▲■■■■AM v THAI VILLAGE SHARKSFIN RESTAURANT Business Hours: 11.30 am 3pm, 6pm -10pm "V jMtL. Chicken DrUm ,tick Now $5 For dining in only. Available all day. Entitled to 1 per table only. Admiralty House.34s 1 9Yung Ho Road 225 East Coast Road Sea View Hotel #01 -00 Old Nelson
      74 words
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      Page 17 Advertisements Column 4
      108 17 Eliminate Manual Data Entfii At up to 2500 forms per hour, the scanmark series of optical mark reaaers is many times faster than manual data entry and is virtually error-free. Yet it is also one of the most portable and low cost machines around. For outstanding performance with an attractive
      108 words
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      393 18 »li tir I Building On Our Foundation Of Quality With ISO 90Q2. Bfc certificate NO. *****544 Blf i mPI The st 12 months have been a busy and I A exciting period during which the staff of j I (i 'o*- 4 E f Cementaid (SEA) Pte Ltd have introduced
      393 words
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      245 19 do Hyr LOGISTICS POH TIONG CHOON LOGISTICS LIMITED (Incorporated in the Republic of Singapore on 21 January 1969) Invitation in respect of 50,000,000 Ordinary Shares of $0.10 each comprising (1) 12,000,000 Offer Shares at $0.19 for each Offer Share by way of public offer; and (2) 38,000,000 Placement Shares by
      245 words
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      226 20 ======:;=:=:=z;;:=:=;= i.-ii r. 5" Jf jT JH.I I A: > v r"J o)%k 7\ r llilwj? v■ BBfi&Sn* Wsmit fll '^^^IPIB^BSBI^bCBH^^BbBB L jmp* uyH| Jt lliff i&V i?W B w m v ifl '»f^^^^aMMHBPB MfKESiI 'fw^Km*4\iH^bli^L^h I V *M3HF JBL 'hi V rn yf r Jh«iShSHi B|- 1 IF'J >■
      226 words
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      107 22 NOTICE IS HEREBY GIVEN that I, LEE SECK KWANG of Blk 601, Clementi West St 1 #05-09 Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Seng Thiam lyres Service Co. located at Blk 105, Depot Rd #01-631 Singapore *****5, and that this application will
      107 words
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      Page 22 Advertisements Column 2
      108 22 NOTICE IS HEREBY GIVEN that I, STEPHEN NOBEL of Blk 31, Bedok South Ave 2 #09-307 Singapore *****1, have applied for a Public House First Class Licence in respect of M/s Kimberly's Beer and Wine Terrace located at 180 Albert Street #01-21 Albert Court Mall Singapore *****6, and that this
      108 words
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      Page 22 Advertisements Column 3
      107 22 NOTICE IS HEREBY GIVEN that I, ONG SHUI SING STEPHEN of Blk 2, Tanjong Pagar Plaza, #07-33 Singapore *****2, have applied for a Beer House (First Class) licence in respect of M/s Mini Star (HK) Fermented Beancurd located at 789 Geylang Road Singapore *****5, and that this application will be
      107 words
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      Page 22 Advertisements Column 4
      107 22 NOTICE IS HEREBY GIVEN that I, LIM JEE SIEW of Blk 754 Jurong West St 74 #02-38 Singapore *****4, have applied for a Beer House, first Class Licence in respect of M/s Maggie Thai Chinese Restaurant located at 1 Liang Seah St #01-01/02 Singapore *****2, and that this application will
      107 words
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      94 23 NOTICE IS HEREBY GIVEN that I, MANICKAM ARUMUGAM of 23 Nonris Road, Singapore *****5, have applied for a Retail Beershop Licence in respect of M/s Manickam Arumugam located at l4,Norris Road Singapore *****6, and that this application will be considered by the Liquors Licensing Board on 4 Jun 1999. ANY
      94 words
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      Page 23 Advertisements Column 2
      100 23 NOTICE IS HEREBY GIVEN that I, NG LENG LENG of 9A Grange Garden Singapore *****9, have applied for a Public House Ist Class Licence in respect of M/s Club Street located at 21, Club Street, #01-01 Singapore *****0, and that this application will be considered by the Liquors Licensing Board
      100 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      100 24 NOTICE IS HEREBY GIVEN that I, NG LENG LENG of 9A Grange Garden Singapore *****9, have applied for a Public House First Class Licence in respect of M/s Club Street located at 21, Club Street, #01-02 Singapore *****0, and that this application will be considered by the Liquors Licensing Board
      100 words
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      Page 24 Advertisements Column 2
      100 24 NOTICE IS HEREBY GIVEN that I, NG LENG LENG of 9A Grange Garden Singapore *****9, have applied for a Public House, First Class Licence in respect of M/s Club Street located at 21, Club Street, *01-03 Singapore *****0, and that this application will be considered by the Liquors Licensing Board
      100 words
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      Page 24 Advertisements Column 3
      104 24 NOTICE IS HEREBY GIVEN that I, KWATIAN HWA of 483, Yio Chu Kang Road, *13-13 Singapore *****7, have applied for a First Class Beer House Licence in respect of M/s Prosperity Court Seafood Restaurant Unrated at No. 2, Lorong 25 Geylang Singapore *****7, and that this application will be considered
      104 words
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      Page 24 Advertisements Column 4
      107 24 NOTICE IS HEREBY GIVEN that I, CHEEYEN LING SAMANTHA of Blk 251 Hougang Avenue 3 *08-374 Singapore *****1, have applied for a Wholesale Liquor Shop Licence in respect of M/s Silver Creek Wine Merchants (S) Pte Ltd located at 2308 Pandan Loop Singapore *****7, and that this application will be
      107 words
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      61 25 Citibank Margin Trading Account Trade up to 2.5 tilllCS your share value or withdraw CASH on it. Call 339-7126 now. THE C IT I NEVER SLEEPS It i.lililtr s ;i I I Shclllu n ,i •2ItNO r >h .i 111 K n ;iil 2 1 I••I'•» 11 u I.1■« I
      61 words
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      Page 26 Advertisements Column 1
      309 26 NOTICES To advertise call toll-free 1800-741 lfi«-i Fa* Mn 7ii i?afi Standard ft Chartered *****,000,000 Negotiable Floating Rate Singapore Dollar Certificates of Deposit due 18/10/1999 In accordance with the provisions of the above mentioned Certificates of Deposit, notice is hereby given that for the Interest Period from 21 April 1999
      309 words
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      Page 26 Advertisements Column 2
      508 26 DBS Investor Online. The daily diary of Asia's markets. Get informed. Call 438-1188 S3l "MS BANK NOTICE IS HEREBY GIVEN that I, CHAN PECK CHAN of Blk 818 Toa Payoh Lorong 4 *05-422 Singapore *****1, have applied for a Ist Class Beer House Licence in respect of M/s Gerald Food
      508 words
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      Page 26 Advertisements Column 3
      154 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JIAN WEI PUBLICATIONS PTE LTD (In Mombora' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will be held
      154 words
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      Page 26 Advertisements Column 4
      359 26 NOTICE IS HEREBY GIVEN that I, LOW MOON CHOON of Blk 111, Bukit Purmci Rd *01-01 Singapore *****1, have applied for a Beer House (Ist Class) Licence in respect of M/s Melody Pavilion Pte. Ltd. located at 18, Mosque St. #01-01 Singapore *****4, and that this application will be considered
      359 words
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      Page 26 Advertisements Column 5
      180 26 TheßusinessTimes K flnffji Shipping Times awoek IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of TOP MARK APPARELS (S) PTE LTD (Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN, that pursuant to Section 308 of the Company Act, Cap. 50, the final meeting of the members
      180 words
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      Page 26 Advertisements Column 6
      111 26 CORRIGENDUM BBR HOLDINGS (S) LTD Notice of Annual General Meeting Extraordinary General Meeting dated 20 April 1999, Business Times NOTICE OF BOOKS CLOSURE DATE Please note that duly completed and stamped transfers must be received by the Company's Share Registrar, Lim Associates (Pte) Ltd, 10 Collyer Quay, #19-08 Ocean Building,
      111 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      287 27 Bridge News Reuters THERE were signs that rates have started to climb in the east for Panamax tonnage, brokers said. Futures continued to rise as last week's bullishness trickled through to Monday morning reports, Clarkson Securities Ltd said in its daily Biffex report. The most aggressive rise was
      Bridge News; Reuters  -  287 words
    • Article
      MARITIME STOCKS
      271 27 flMMHSHHNHNSMHRMM V- *1 CWT Distribution 0.74 0.01 166 Chuan Hup 0.64 -0.01 414 Caaca kwastmant —0.62 -0.01 56 rr«Wi( links 0.26 gnch S6S6 OB&Mnqs 0.52 a 02 152 HaiSunHup 061 weft >522 IMCHoK8ngs UK—5.60 unch 0 J*y« iiowmi 0.83 o.oi M4 Juronfl Shipyard —7.40 0.K 71 KapfwICarp 4.76
      271 words
    • Article
      S'pore to intensify efforts to be world maritime centre
      374 27  -  Port and shipping industry a major pillar of economy: Mah Bow Tan By Felix Chan [SINGAPORE] The focus on developing Singapore's position as a mega transhipment hub and an international maritime centre will be intensified in the coming years, Communications Minister
      374 words
    • Article
      Lock icon Daewoo shipping workers strike to protest over sale plan
      228 27 Bloomberg ([SEOUL] Daewoo Group's 7,800 unionised shipyard workers went on strike and demanded that the company chairman resign, protesting against plans by Korea's second largest industrial group to sell its shipbuilding unit. The indefinite strike began yesterday afternoon at Daewoo Heavy
      Bloomberg  -  228 words
    • Article
      Valuable guide to reducing shipping risks
      642 27  -  STRAIT TALK By I Seafarer IT ought to go without saying that shipping is a risky business. It involves danger to life and limb and the real potential of economic loss. Also, and perhaps in the present political climate most importantly, it is a
      642 words
    • Article, Illustration
      Lock icon Star's megaship to be completed by end-June
      201 27 [SINGAPORE] Construction of Star Cruises' second newbuilding, the 75,000 gross ton SuperStar Virgo, is expected to be finished by the end of June. The 268-metre, 76,800-ton luxury liner, with 14 decks and 982 cabins for about 2,800 passengers, is scheduled to replace sister
      AFP  -  201 words
    • Article
      Lock icon Kosovo bombing hurts Carnival's bookings
      96 27 Reuters [MIAMI] US cruise ship giant Carnival Corp said that some passengers were backing out of sea-going summer holidays in the Mediterranean because of Nato bombing in Kosovo. Bookings were below expectations at Carnival's Holland America, Costa Cruise, Seabourn and Cunard lines for summer itineraries
      Reuters  -  96 words
    • Article, Illustration
      Lock icon Carving out a niche market
      975 28 KOREAN SHIPYARDS Shipbuilders are shifting sales strategy from volume to profit, building more high value-added 'specialised' vessels Korean Newsreview WITH stiff competition from Japan and a growing threat from China, Korean shipbuilders are shifting their marketing strategies from order volume to profit. The new strategy
      Korean Newsreview; FILE PHOTO  -  975 words
    • Article
      SHIPPING SCHEDULES INDEX
      340 28 PACE Frota tl ANL 3 Ff t Links '2 Accord 8 c Linfc Ahrenkiel 12 Geuwrtrans 8 AASCO 12 GensApg 12 Asm OCL 5 cl0fY Hi 12 Appenship 5 4,S f Hu P Austral 8 U"? Avant 12 3 B'tanq Mas 8 ,i BSA 7 Ho *9
      340 words
    • Article
      SHIPPING GUIDE
      19088 35 THEBUSINESSTIMES EXPORT Vessel VOVAO# T«l*nhnna I rn m a m ii I r T A rr A U I ETA ETA Advertiser Vessel Voy age Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest n Name Name Number Number SIN Oest'n Name Name Number Number "5/05 31/05 NYK
      19,088 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        683 41 Vessel Voy No Berth Arrival Departure Jurong Port Adka Tarunag *****9 J04 alongside 22.04/1200 Auha S«raya 1099 J02 alongside 20.04/2000 Belo Oriente 038 JOS alongside 22.04/0900 Bt Setatl *****9 JOl alongside 20.04/2300 C Success 20/04 J09 alongside 20.04/1600 Cen»ra»star2 3/99 J12 alongside 20.04/2000 Merlion 3 *****9 J12 alongside
        683 words
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        CONTAINER SCHEDULES
        1843 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From MM one. C022f 21/2300 M 20/800 20/V.59 20/1*00 is 2omoo 20/1*5* 20/1*00 2A 20/1700 21/0*59 2 V 0900 21 20/1700 2VM» 2V0900 AI«W 2 94*2N 23/0700 U 20/1400 20/165* 20/1900
        1,843 words
      • Article
        GLOBAL HOLIDAYS
        185 41 Apr 28 New Zealand: Anzac Day. Apr 26 Australia: Anzac Day Holiday. Apr 29 Japan: Greenery Day. Apr 30 Denmark: General Prayer Day. Finland: May Day Eve. May 1 Greece: Labour Day. Germany: Labour Day. Austria: Labour Day. Belgium: Labour Day. China: Labour Day. Finland: May Day. France:
        185 words
      • Article
        COCKETT BUNKER MARKET REPORT
        774 41 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        774 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        610 41 Carbon 180 Max 995.1 t.4 19.8 0.10 66 0.09 Apr t5 Density Water Residue Ash Aluminium Sediment No above E25 1 1 12 0 0 0 380 986.1 0.4 12.8 0.07 40 0.02 Cum 380 Mai 994.2 1.8 19.5 0.T1 250 0.05 »t/w3 %v/v m/m MAI
        610 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Kim calls for departure of Korean Air's founding family
        591 42 Korean president wants airline to be ran by professional managers AFP [SEOUL] South Korean President Kim Dae Jung yesterday urged the founding family of beleaguered Korean Air to give up control to professional managers, blasting the flag carrier for its poor
        AFP; FILE PHOTO  -  591 words
      • Article
        Lock icon Kiwi airline's licence suspended pending review
        302 42 Reuters [WASHINGTON] Kiwi International Airlines, grounded and fighting for survival in US bankruptcy court, reached a tentative agreement with federal authorities for an expedited review of its operating licence, the airline said. The accord with the Federal Aviation Administration would vacate the agency's March
        Reuters  -  302 words
      • Article
        Lock icon DaimlerChrysler forms Japan-based aerospace unit
        167 42 Bloomberg [TOKYO] DaimlerChrysler Aerospace AG, or Dasa, the aerospace unit of DaimlerChrysler AG, said it established an aerospace company in Japan, where it hopes to boost sales eight-fold over the next decade. DaimlerChrysler Aerospace Japan Co, capitalised at 100 million yen (*****,310), aims to boost
        Bloomberg  -  167 words
      • Article, Illustration
        Lock icon Insurance cover for Y2K bug a must, US tells airlines
        248 42 Reuters [WASHINGTON] The Department of Transportation (DOT) warned US and foreign airlines that they risked operating illegal flights if their liability insurance did not cover the Year 2000 computer problem. In a notice to airlines, DOT warned companies that some
        Reuters; FILE PHOTO  -  248 words
      • Article
        Lock icon PAL chairman shakes up top management posts
        206 42 Bloomberg [MANlLA] Philippine Airlines Inc chairman Lucio Tan shook up the management of the ailing carrier, assuming the post of chief executive and bringing back an executive from retirement. Philippine Airlines' new president is Avelino Zapanta, a former PAL officer, the airline said
        Bloomberg  -  206 words
      • Article
        Lock icon TransAsia Airways in talks to sell stakes
        151 42 AFX-Asia [TAIPEI] TransAsia Airways chairman Lin Chia-cheng said he is in talks with EVA Airways Corp and China Development Bank on selling stakes in TransAsia to the latter two companies. Mr Lin was quoted by the Commercial Times as saying while he is
        AFX-Asia  -  151 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1683 42 CUT flWHT ETA FUWT CTP MM ANS230 (NO ***** 1645 ***** 0W5 lhut woo cast 2045 cz»? oois 8830 1,00 1 MmoI VW741 1310 VN742 0905 Aastarda* *1043 0411 KL836 2300 ***** *30 $0176 1405 5023 0705 ggg MIO 2£ MI891 BIO *892 0735 1 T0407
        1,683 words
      • Article, Illustration
        Lock icon Indo- Japanese rail links
        56 42 [NEW DELHI] Workers at one of the construction sites of the Metro rail project near the River Yamuna in New Delhi. The Indo-Japanese project is slated to be completed by 2002. The project is expected to ease congestion and stem pollution in Delhi, the fourth most
        AFP  -  56 words
      • Article
        Lock icon Probe opens into 'near miss' over London
        275 42 Passenger jets of BA, United Air fitted with traffic collision avoidance systems AFP [LONDON] An official inquiry was opened into a near miss between two passenger planes flying into London. The Civil Aviation Authority (CAA) said it had received a report of the
        AFP  -  275 words
  • Page 27 Advertisements
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      22 27 Korean shipyards carving out niche market Shipbuilders are shifting sales strategy from volume to profit, building more high value-added vessels. Page 2
      22 words
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      Page 27 Advertisements Column 2
      195 27 55* Singapore will again play host to IMDEX ASIA at Above below water Platforms the World Trade Centre from 4-7 May 1999. Simulation Training Sonar Sensors This exhibition conference will showcase the Information Systems latest thinking and technologies in maritime defence. Underwater environment A formidable flotilla of warships from the
      195 words
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      Page 27 Advertisements Column 3
      20 27 Gall for departure of Korean Air's founding family Korean president wants airline to be run by professional managers. Back Page
      20 words
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      Page 28 Advertisements Column 1
      1175 28 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS I SSX BUPER SHUTTLE EXPHESB -DWCT TO LA I I WIST COMTOf CtHTBM. OWEBICA OWWBITA gCTWCB I rasa vot taaw rosx umsxacm dmus Houston cmugo kwtok mucoott vtssa I vot rjn rtaurml y* wru I saw i I rmimniMul OOdMIUM
      1,175 words
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      Page 28 Advertisements Column 2
      841 28 Lines services representea rff®®") by Members °< the Registry of Accredited Shipping Agents Singapore Shipping Association JljlMk Members of the M a *1 Singapore Freight Forwarders Association SEMBAWANG KIMTRANS (S) PTE LTD CONVENTIONAL SERVICES J|. SINGAPORE to BATAM, BINTAN, KARIMUN i W Y SINGAPORE to BANGKA ISLAND J IW® SINGAPORE
      841 words
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      Page 29 Advertisements Column 1
      1108 29 TO EUROPE FROM EUROPE IW HW w SM) m UN VESSEL VOY RTM Am HAM WV SOU FIT LEH SIN HOiCOSAi 007W 24/04 09/05 11/05 >4/0$ IS/05 HYIARON 3111 03/04 31/03 01/04 29/03 22/04 HY HIGHNESS 317W 26/04 13/05 15/05 11/05 12/05 HY EMPEROR 3171 01/04 03/04 06/04 31/03 24/04
      1,108 words
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      Page 29 Advertisements Column 2
      37 29 CONTAINER SERVICE S'PORE/JAKARTA/SEMARANG/SURABAYA VESIEL/VOY SPORE JAKARTA SEMARANG SURABAYA PERMAIIO432-432 26/04 28AM 30/04 PERMAIIO433-433 03/05 05AK 07/05 PERMAI *****-434 1(V05 12/05 14/05 PERMAI *****8-028 2604 29AM PERMAI *****9-029 03A)5 06/05 PERMAI *****0-030 I(MK 13/05 PERMAI *****1-031 1M» 2005
      37 words
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      Page 29 Advertisements Column 3
      1520 29 hanjin shipping iiTP I i Ik Mpi Lov -Mh *****30 hamjw mrm (S) m iro hn> i»». tOT Bocumc *****3s iv saus *****74 ;a oocimmt *****/1 ?74 ommtow ?3?o?so?si main uwt wyoss 1 rrmu> cmo ********** M TO NW USA A CANADA USA gAMAnA* R yslA oY TiiM-pS- uHltuu/vor |«A|nw|
      1,520 words
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      Page 29 Advertisements Column 4
      520 29 FULLY CONTAIN I I S I D DIOICATID (IBVICIC resa w_ _s«_ m vot sm m m usii rus rasa vot i<m i to|kbsh wt nrp«~| MOWttHU 73S 11/04 70/04 73H 71/04 75/04 77/04 ft/04 3Q/04 |{ffff^ u)(C I Sil iSlffi Iss i «MK ULSAM WSS 73/1)4 30/04 02/05 04/DS
      520 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1559 30 DSR-SENATOR LINES TO UK/CONTINENT TOMEDrTERRANEANCLANADA ItSKI VOY SM LtH RTM H*m WV FU VtlStl VOY SM OCT gt FOS VIC MTW"] HANJN BARCELONA WWII 20 04 87 06 H H 1186 1188 11 88 1188 DSN AMERICA WMBII M 88 86 11 86 13 86 18 86 23 06 HANJM
      1,559 words
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      Page 30 Advertisements Column 2
      766 30 MAC-lieLS S PORE M'SIA Carrlsr: MN GONTR LINES, INC P. QUOANQ: (07) *****26 IHV/ \~J em MOt IMMTMOON SSU: (064) *****"9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA- (31)*****0 P. KELANQ: (03) *****77 JKTi (21) *****07 MOW: (61)*****3 KUCHiNQ (082) *****1-3 CALCUTTA I MADRAS MV "ORAM BREEZE"
      766 words
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      Page 30 Advertisements Column 3
      492 30 LINE TiLa»a4s>miMMin i MUARA LABUAN H wssa voy no eta vkse vor no n* SPOMMUACA SPOtt im JPtOSPB VOK/99 s*d 23/04 JPtOSPH VOB/94 SdU 24/04 CAIAKA *332 VOW/44 25/04 21/04 (MUM *332 VO4I/44 25/04 21/04 JPtOSPH VOW/W 30/04 03/0S JPtOSPEI VON/44 30/04 04/0S <A»A*A JN332 VIN/44 OS/05 01/0$ (AIAIA *332
      492 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1400 31 VESSEL VOY KHH HKO SIN PQB PXB PMM BHJ BA BIK IRAN SHAHRYAR 5-101 23/04 26/04 08/06 06/06 07/06 09/06 11/06 IRAN BAABAEI PJLI346 30/04 03/06 12/06 13/06 14/06 16/06 18/06 IRAN TAKHTI PJLI346 07/06 10/06 19/06 20/06 21/06 23/06 26/06 IRAN TABATABAEI 6-103 12/06 14/06 18/06 27/06 28/06 29/06
      1,400 words
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      Page 31 Advertisements Column 2
      1458 31 Bind Crib H Mw (4 Np|l I W«|»n (7 »T»). ukf (t Bays) I aBSgIggSLiSE SHl ,w T nu 224 Imo KI: *****0, OUTWMDII/l) <205»02 JOHOIiOfHaa"wi7«<K rowu "o'iomsos: cmvch?imu IM D *****15 COSTAR ASENCIES (M) SDN BHD TEL 02-07-35 31m FAJL 02-07-*****70 I xmng'he /oi S7£ H£l J/m SJos M/os
      1,458 words
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      Page 31 Advertisements Column 3
      307 31 Yr-p-, EaBtkrn Car Liner, \t\ ECL (SINGAPORE) PTE LTD I SPECIALIZE IN ROUP HEAVY UFT UPTO 450 TOhTI Id (SIHGAfOM) FfC tJP LOADING FOR YANGON MANILA MV -TIN" MV "CORAL HERO" V.16 ETA SJN 28/04/99 ETA YGN 02/05/99 ETA SIN 29/04/99 ETA MNI 04/05/99 PORT KLANG PORT KLANG/YOKOHAMA MV "OCEAN
      307 words
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      Page 31 Advertisements Column 4
      53 31 CHINA i SAILINGS WISKLY Accepting LCL/FCL lo all destinations in China MV. -NEDUOYD NORMANDC* V.09E814 EU SIN 22/04/99 MV. -NEDUOYD AFRICA* V.09EM14 EU SM 25/04/99 ShippincTimes Find out more about advertising that delivers your business facts through the fax. Your 24-hour round-the-clock instant info access centre to shipping services and
      53 words
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      Page 32 Advertisements Column 1
      1252 32 I EUROPtAIK/SCAMDfIIA¥IA/BNUmD/RUBS>A I 86P ROM ANW HBG TMP ZEE LHV I IMV TUP ROM ANW MBG PKL SGP I I -i 1! 25/04 13/06 IM6 15/06 IM# IM6 »UO** 6ENOVA RE-022 ?9/03 24/03 30/03 01/ M 23/04 I I SUSJJT^Jtff 4 02/06 24/06 ?W5 2 6 24 IMB lE. RESULT
      1,252 words
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      Page 32 Advertisements Column 2
      598 32 PACIFIC INTERNATIONAL UNES (PTE) LTD I SSS» 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO *****67Q00Q6 I »UtIGA TMAIAI 7 HS !ut "^7T~ W S5" 1 I I (areaß wKAt» Jr ■WHOOBwraiisw mi ~155 I iff M jll jiii ;„J I 1 uso Marine ran swm kassawa.
      598 words
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      Page 32 Advertisements Column 3
      524 32 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOT SIN PU) DUB JNI CPT BO NANIAI QUEEN V.034S a/04 04/05 10/05 13/05 14/05 It/05 NAMUI WAGON V.013S 04/05 15/05 19/05 22/05 73/05 NAMTA) VENUS V.034S H/05 2t/0S 30/05" 02/06 03/06 04/04 GOIDBI DRAGON V.QI2S 2S/05 OS/Ot 09/06 12/0*
      524 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      464 33 M MYANMA pBHk FIVE STAR LINE (Myanmar National Lint) Loading for Yangon (Rangoon) Vissa VOY SIN PKL PEN PGU I AGO VIO9W SLD MALAYSIA AGENTS: IOUSTEAD SHIPPING AGENCKS KUL m (03)*****00 MIL TH (03) *****01 KN: TH (04)*****02 PGU: TH (07) *****21/4 BANK LINE (A swvlo of Andrtw W#ir Skipping)
      464 words
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      Page 33 Advertisements Column 2
      1351 33 HMN^ HYUNDAI MERCHANT MARINE CO., LTD. IVESSE VOY SW SOU I 184 BTM I AWT HAJR I TV I >R I IVESSE VOTI SOU 1 184 ETW I AWT 1 HAW f IV I FB. f SI I NOL CORAL 007W 24/04 15/05 14/05 01/05 12/05 NOL OUT! 0121 02/04
      1,351 words
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      Page 33 Advertisements Column 3
      1092 33 ixrwegion ipebatzed outommm Wilhelmsen Lines TO NORTH AND LATIN AMERia "RORO HEAVYUFT SUMCE" IVESSEt VQY I AMP WIGHT SIN LAX CRI MIA SAY fit Off NYC NEW I MOO JSE?" 6 FW 400 "***** iiM oi/06 06/06 06/06 10/06 11/06 13/06 17/ M 11/ M I!!! 400 63 07 5
      1,092 words
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      Page 34 Advertisements Column 1
      1873 34 ■ANOKOK/MAP TA PHUT/LAEM CHABAMOj JAKARTA/PAN JANO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN NANTA BHUM" 442N In PI 24/04 25/04 QURU BHUM 12SS In Pf 25/04 ANAN BHUM 109N In Pt 24/04 23/04 GURU BHUM 12SSB 23/04 2S/04 KOTA HARTA HTAO2I 22/04 25/04 HAW BHUM 364S
      1,873 words
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      Page 35 Advertisements Column 1
      52 35 Mm. STEbT| Dial 740-6000 on demand 1 —(Retrieve more schedules!) Press "V I ~JC\ Select the port and key in the four digit code —eg. To New York (NYQ 2275 Key in your fax number I your phone number Another innovative service offered by The document Will be Shipping Times
      52 words
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      Page 37 Advertisements Column 1
      36 37 II New Advertisers/Services/Agencies LAdSCOI SHIPPING LINE LIBYA BENGHAZI TRIPOLI See Our Ad On PG 12 OCENUS SHIPPING AGENCY PTE LTD NEW GUINEA PACIFIC LINE Our Schedules Are On PG 5 H SWIRE SHIPPING AGENCIES PTE. LTD.
      36 words
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      Page 37 Advertisements Column 2
      20 37 ORIENT PACIFIC CONTAINER LINE Look Up Our Schedules On PG 4 NEWSHIP AGENCIES CHECK OUT THIS SPACE FOR NEW ADVERTISERS
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      Page 38 Advertisements Column 1
      160 38 -wmmmmmm MHmHornaiUmmiM. (FOREST PRODUCTS SIIVJO) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAR EAST WRQPf ?IRYKf Ytssa/voY sjn laem chabang Manila hongkong keeluhg TAW SKN KKU TMA OCEAN QUEEN V3SA 28/04 30/04 DOM VQTOI6 SAILED SAILED 25/04 LOADING FOR: PASOUALE XOMH/Sfn/HUSMNG/ANTWIir MALAYSIA- HSH(M) SON IHO TAWAU QniOM RBGNT SVCS FONT KEIANG
      160 words
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      Page 38 Advertisements Column 2
      178 38 msco^^VT^rmrvviniTMTWSXVlV^^H B SHIPPING LINK i I >f'lljf'lL IWI 111 L -I I I I LIBYA BENGHAZI TRIPOLI Ivpsamw voT.wo mam vmmtu dumi bwimi mh *1 obichazi mnu TTfWWM 1340 02.04 W 12.04 W 22.04. W HAOUAI 2104W 2TO4W 30.04.W IMCH H4I WO4.W 1104 W 2104.W H IASHfII 30 MW OI
      178 words
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      Page 38 Advertisements Column 3
      169 38 ESP LINES WilKir ICI AMD FCI SIKVia mUAMWW tutusT twow CMTTAGONG. MAMAS lANGKOC. HOW lONS HAMUIK* ROTTODAM MMAY, COIOMO JAKARTA, MAMU AHTWttf, FHIXSTOWI OU.CUTU HO CHHMHH. HAFHOH6 REGULAR CONTAINERISED INDONESIAN SERVICE I VPSa/VOTAg S'POtt JKT SW BfC St t (MUM /007 IVO4 72/04 75/04 FfIMAI 7/1077-077 M 4 5 CAJtAUN
      169 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1202 39 —jb-SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL; FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIBECT LIME: 535 6266 Celia/Jessica/Mei Chan/Jeslynn/Dora/lwy/Hanim 8 SLGS/WEEK EVERY 4 DAYS VQY SIN JAK VFftSFI VOY SIN IPLB SEA LEGEND
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      Page 39 Advertisements Column 2
      951 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO IWGISWIMTIsm HW rw I <*» I IHM 1 HTI |W I S*v MfW 1 TAM I HOU 1 HOiGH DUM /OSSO M/ 04 »/04 04/04 04/04 01/05 05/0 L JIM. JIM. JiZftL JZZgL 10/04 21/0* 25/04 30/04 04/07 J2L: 2i_ 23/03 Wfll
      951 words
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      Page 39 Advertisements Column 3
      656 39 Singapore Soviet Shipping CPL a No IOOSOUOOOM Multiline Shipping PL WIJ) a He **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO3S 29/04 08/05 TBA 16/05 KOTA RATU RTUO43 05/05 12/06 TBA 23/05 KEDAH 129N 11/06 Itt/05 TBA 30/05 VESS6L VOY SW CALCUTTA SIN EPONYMA 009 2S-26/04 30/04
      656 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      572 40 I VESSEL VOY sU^^MAASH^I TIGER BAY 702N 20-21/04 27 29/04 04-05AJ5 I TIGER ISLAND 703N 23-24 AM 30-02/05 07 08/05 I TIGER PEARL 704N 27-27/04 04 0605 1112/05 I TIGER SEA 705N 07-09/05 14-15/05 I TIGER BAY 706N 04 04/05 11-13,05 18 18/05 I TIGER ISLAND 707N 07 08/05 14-16/05
      572 words
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      Page 40 Advertisements Column 2
      1009 40 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesinQsingnet.com. sg DIRECT CONSOLIDATION SERVICE TO ASHDOD CEBU LAEM CHABANG SAN ANTONIO ALEXANDRIA COLON, PANAMA MALTA SANTOS BUENOS AIRES ISTANBUL MEXICO CITY SHANGHAI CALLAO, PERU IZMIR NEW DELHI XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices
      1,009 words
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      Page 40 Advertisements Column 3
      40 40 REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN PTL DBN ALS EXPRESS 05WB 26/05 06/06 11/06 ALS ENDEAVOUR 06WB 24/06 05/07 10/07 ACCEPTING TO JOHANNESBURG AGENTS: SINGAPORE BEN LINE AGENCIES Tel: *****22 F»x: *****63
      40 words
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      Page 40 Advertisements Column 4
      1032 40 OOCL (Singapore) Pte Ltd 65 Qwfa Si OCK Ctr»#42-00 *****13 Bi 513 #01-128 Cj CR NO **********0H Ufc 272 7827 For bookmg \^B fcfc *****83 Fu: 438 2966 Fix: 272 7825 t enouirv Onent Overseas Container line enquiry Atfk. (Malaysia) Sdn Bhd Ptag No: *****2-U) (a n PfTAUNGJAYA T«t 03-756
      1,032 words
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      Page 40 Advertisements Column 5
      183 40 FULL CONTAINER SERVICE SIN PASIR QUDANG SIN DAILY SAILINGS [VESSEL I VOY ETA PG DAY VOY [ETASW |O*V I PROGRESS 9975S 20A>4/99 ftIJEI 9975N 21AM/99 MED) MP 222 0039S 21/04/99 (WED) 0039W 22/04/99 [THUI PROGRESS 9976S 22/04/99 (THU) 9976 M 23/04/99 (FW) MP 222 0040S 23/04/99 (FW) 0040N 24/04/99 (S/CT)
      183 words
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      139 41 BMMI; i o(o ji\ *1, y JTTTiTiMMi LEGEND R Thunderstorm Temperoture c X\ Shower Weather Wmd direction with speed in knots Rom Cloudy Sky Wove h h Sorfoce winds ore indicated by orrows which fly with the wind Ql) One *u» circle represents calm or Ught ond vonoble wmds J_
      139 words
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